The CEO and Chairman of Equifax Richard Smith retired suddenly Tuesday after the company’s CEO and Chairman of Equifax, credit-reporting service’s data breach that affected more than 143 million people.
The cmopnay’s board anounced that the retirement is effective and the 57-year old is an ex CEO and Chairman. Richard Smith became the Chairman and the CEO in the year of 2005 after a 22 rears career at General Electric in senior roles. However, He was schedule to appear at the hearing of the Senate Banking Committee next month, according to CNBC.
The breach has launched multiple investigations, including with the Department of Justice in Atlanta and the Federal Trade Commission. The company reported that its Chief Information Officer and Chief Security Officer retired earlier this month.
Hackers gained access to some files in the company’s system last May and were able to define some weak points in the website software according to the company’s consultants. So many unauthorized activities were found since then.
https://www.securitymagazine.com/articles/88340-equifax-ceo-abruptly-retires-following-data-breach
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